vs
Clearwater Analytics Holdings, Inc.（CWAN）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
Clearwater Analytics Holdings, Inc.的季度营收约是RESOURCES CONNECTION, INC.的1.8倍（$217.5M vs $117.7M），Clearwater Analytics Holdings, Inc.净利率更高（-5.4% vs -10.8%，领先5.3%），Clearwater Analytics Holdings, Inc.同比增速更快（72.0% vs -19.2%），Clearwater Analytics Holdings, Inc.自由现金流更多（$52.3M vs $15.6M），过去两年Clearwater Analytics Holdings, Inc.的营收复合增速更高（45.5% vs -11.8%）
Clearwater Analytics Holdings是美国SaaS金融科技企业，面向全球客户提供自动化投资会计、业绩测算、合规管理及风险报告服务。公司为公开上市企业，总部位于美国爱达荷州博伊西，在伦敦、爱丁堡、纽约、诺伊达多地设有分支机构。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
CWAN vs RGP — 直观对比
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $217.5M | $117.7M |
| 净利润 | $-11.8M | $-12.7M |
| 毛利率 | 67.2% | 37.1% |
| 营业利润率 | -3.1% | -10.3% |
| 净利率 | -5.4% | -10.8% |
| 营收同比 | 72.0% | -19.2% |
| 净利润同比 | -102.8% | 81.6% |
| 每股收益（稀释后） | $-0.04 | $-0.38 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
| Q4 25 | $217.5M | $117.7M | ||
| Q3 25 | $205.1M | $120.2M | ||
| Q2 25 | $181.9M | $139.3M | ||
| Q1 25 | $126.9M | $129.4M | ||
| Q4 24 | $126.5M | $145.6M | ||
| Q3 24 | $115.8M | $136.9M | ||
| Q2 24 | $106.8M | $148.2M | ||
| Q1 24 | $102.7M | $151.3M |
| Q4 25 | $-11.8M | $-12.7M | ||
| Q3 25 | $-10.3M | $-2.4M | ||
| Q2 25 | $-23.2M | $-73.3M | ||
| Q1 25 | $6.5M | $-44.1M | ||
| Q4 24 | $419.3M | $-68.7M | ||
| Q3 24 | $3.6M | $-5.7M | ||
| Q2 24 | $-430.0K | $10.5M | ||
| Q1 24 | $1.9M | $2.5M |
| Q4 25 | 67.2% | 37.1% | ||
| Q3 25 | 65.6% | 39.5% | ||
| Q2 25 | 65.1% | 40.2% | ||
| Q1 25 | 73.3% | 35.1% | ||
| Q4 24 | 73.5% | 38.5% | ||
| Q3 24 | 72.9% | 36.5% | ||
| Q2 24 | 72.0% | 40.2% | ||
| Q1 24 | 72.6% | 37.0% |
| Q4 25 | -3.1% | -10.3% | ||
| Q3 25 | 3.2% | -1.7% | ||
| Q2 25 | -8.0% | -47.0% | ||
| Q1 25 | 5.6% | -38.4% | ||
| Q4 24 | 1.0% | -52.7% | ||
| Q3 24 | 6.3% | -3.5% | ||
| Q2 24 | 3.6% | 7.6% | ||
| Q1 24 | -0.2% | 2.8% |
| Q4 25 | -5.4% | -10.8% | ||
| Q3 25 | -5.0% | -2.0% | ||
| Q2 25 | -12.8% | -52.6% | ||
| Q1 25 | 5.1% | -34.0% | ||
| Q4 24 | 331.5% | -47.2% | ||
| Q3 24 | 3.1% | -4.2% | ||
| Q2 24 | -0.4% | 7.1% | ||
| Q1 24 | 1.8% | 1.7% |
| Q4 25 | $-0.04 | $-0.38 | ||
| Q3 25 | $-0.04 | $-0.07 | ||
| Q2 25 | $-0.09 | $-2.21 | ||
| Q1 25 | $0.03 | $-1.34 | ||
| Q4 24 | $1.65 | $-2.08 | ||
| Q3 24 | $0.02 | $-0.17 | ||
| Q2 24 | $0.00 | $0.31 | ||
| Q1 24 | $0.01 | $0.08 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $91.2M | $89.8M |
| 总债务越低越好 | $822.6M | — |
| 股东权益账面价值 | $2.0B | $194.6M |
| 总资产 | $3.0B | $289.3M |
| 负债/权益比越低杠杆越低 | 0.41× | — |
8季度趋势，按日历期对齐
| Q4 25 | $91.2M | $89.8M | ||
| Q3 25 | $64.1M | $77.5M | ||
| Q2 25 | $71.9M | $86.1M | ||
| Q1 25 | $282.9M | $72.5M | ||
| Q4 24 | $255.5M | $78.2M | ||
| Q3 24 | $305.8M | $89.6M | ||
| Q2 24 | $257.9M | $108.9M | ||
| Q1 24 | $267.6M | $113.8M |
| Q4 25 | $822.6M | — | ||
| Q3 25 | $838.9M | — | ||
| Q2 25 | $878.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $43.3M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.0B | $194.6M | ||
| Q3 25 | $2.0B | $206.4M | ||
| Q2 25 | $2.0B | $207.1M | ||
| Q1 25 | $1.1B | $277.8M | ||
| Q4 24 | $1.0B | $325.7M | ||
| Q3 24 | $403.2M | $407.2M | ||
| Q2 24 | $380.6M | $418.8M | ||
| Q1 24 | $406.2M | $414.9M |
| Q4 25 | $3.0B | $289.3M | ||
| Q3 25 | $3.0B | $287.2M | ||
| Q2 25 | $3.0B | $304.7M | ||
| Q1 25 | $1.3B | $375.6M | ||
| Q4 24 | $1.2B | $424.9M | ||
| Q3 24 | $623.5M | $512.9M | ||
| Q2 24 | $585.1M | $510.9M | ||
| Q1 24 | $547.8M | $523.2M |
| Q4 25 | 0.41× | — | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | 0.45× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $55.3M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $52.3M | $15.6M |
| 自由现金流率自由现金流/营收 | 24.0% | 13.2% |
| 资本支出强度资本支出/营收 | 1.4% | 0.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $164.3M | $24.3M |
8季度趋势，按日历期对齐
| Q4 25 | $55.3M | $15.9M | ||
| Q3 25 | $49.0M | $-7.8M | ||
| Q2 25 | $47.1M | $16.8M | ||
| Q1 25 | $24.5M | $659.0K | ||
| Q4 24 | $-29.2M | $1.8M | ||
| Q3 24 | $49.6M | $-309.0K | ||
| Q2 24 | $43.9M | $3.2M | ||
| Q1 24 | $10.0M | $20.5M |
| Q4 25 | $52.3M | $15.6M | ||
| Q3 25 | $44.9M | $-8.0M | ||
| Q2 25 | $44.1M | $16.5M | ||
| Q1 25 | $23.0M | $238.0K | ||
| Q4 24 | $-30.0M | $61.0K | ||
| Q3 24 | $48.1M | $-575.0K | ||
| Q2 24 | $42.4M | $3.0M | ||
| Q1 24 | $8.6M | $20.4M |
| Q4 25 | 24.0% | 13.2% | ||
| Q3 25 | 21.9% | -6.6% | ||
| Q2 25 | 24.2% | 11.8% | ||
| Q1 25 | 18.2% | 0.2% | ||
| Q4 24 | -23.7% | 0.0% | ||
| Q3 24 | 41.5% | -0.4% | ||
| Q2 24 | 39.7% | 2.1% | ||
| Q1 24 | 8.4% | 13.5% |
| Q4 25 | 1.4% | 0.3% | ||
| Q3 25 | 2.0% | 0.1% | ||
| Q2 25 | 1.6% | 0.2% | ||
| Q1 25 | 1.2% | 0.3% | ||
| Q4 24 | 0.6% | 1.2% | ||
| Q3 24 | 1.3% | 0.2% | ||
| Q2 24 | 1.4% | 0.1% | ||
| Q1 24 | 1.4% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.76× | — | ||
| Q4 24 | -0.07× | — | ||
| Q3 24 | 13.66× | — | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | 5.29× | 8.04× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CWAN
暂无分部数据
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
